Apple reaches $1 trillion market cap again after iPhone launch

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Apple reaches $1 trillion market cap again after iPhone launch
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It's not the first time that Apple has had a market cap over $1 trillion, but it comes a day after the company launched new iPhones.

Apple stock rose over 3% during trading on Wednesday to a closing price of $223.59, a day after Apple launched new iPhones and Apple Watch models.The first time Apple hit a $1 trillion market cap was in August 2018, but since then the stock has had a rough period and Apple has bought back its own shares.

Apple CEO Tim Cook takes a selfie with an attendee during a special event on September 10, 2019 in the Steve Jobs Theater on Apple's Cupertino, California campus.reached a $1 trillion market cap on Wednesday, following its announcement Tuesday of a slew of new products, including the iPhone 11.It's not the first time that Apple has had a market cap over $1 trillion.in August 2018.

Apple held its annual iPhone launch event on Tuesday, revealing new iPhone, Apple Watch and iPad models, including a

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